Steam Deck Ruined by Valve’s Huge Price Increases

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If you missed the opportunity to purchase a Steam Deck OLED over the past few years, your chances might be dwindling. Valve’s nearly three-year-old handheld gaming PC is now priced close to $1,000 for the 1TB storage version.

Valve discontinued the Steam Deck LCD model back in December 2025. Recently, the company raised prices for all remaining OLED models. The 512GB Steam Deck OLED is now priced at $790, an increase from its previous price of $550. Meanwhile, the 1TB version will set you back $950, up from $650. While these items were previously marked as “Sold Out” on Steam, they are now available for purchase again, though we advise against making that investment.

In a recent blog entry, Valve stated, “The Steam Deck itself hasn’t changed; these new prices reflect the current state of component costs and other global logistical challenges across the industry as a whole. We’ll keep you updated if anything changes.”

Valve continues to offer “certified refreshed” models at a slightly lower price. The refurbished 512GB Steam Deck OLED is available for $650, which is still above its original launch price of $500. the 256GB LCD version can be found for $320. This option may be the best choice for consumers, particularly if they enhance their handheld device with an SSD upgrade or a micro SD card.

Spending $790 or more on Valve’s iconic handheld PC may not be wise. For comparison, last year’s Asus ROG Ally X, which features a more powerful processor and a larger battery, retails for $1,000 (at least for the time being). The Lenovo Legion Go 2, which originally launched at nearly $1,350 for the top-tier model, now commands a price of $2,000.

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While the Steam Deck may not be the most powerful handheld device available, it compensates with its competitive pricing and the user-friendly SteamOS, especially when compared to Windows 11. All major console manufacturers have raised their prices, from the Xbox Series S/X to the PlayStation 5, and even Nintendo’s Switch 2, which now costs $500. With memory prices surging, no gaming hardware manufacturer is immune to these increases.

This news raises concerns about the pricing of the upcoming Steam Machine. Valve has yet to announce an official price or release date for its anticipated PC/console hybrid. Previously, Valve indicated to Gizmodo that it would price its 6 x 6-inch SteamOS-based PC in line with comparable PC components. There remains a possibility that Valve has secured a different supplier for Steam Machine memory, separate from the one used for the Steam Deck. Given the widespread price increases across gaming hardware, optimism may be unwarranted.

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  • Ethan Carter

    Ethan Carter is a prolific author and technology enthusiast, known for his insightful writings on the evolving landscape of digital innovation at Social Schmuck. With a keen eye for emerging trends and a passion for bridging the gap between complex technology concepts and everyday applications, Ethan captivates his readers with engaging narratives and thought-provoking analyses. His work not only informs but also inspires others to navigate the rapidly changing tech world with confidence and curiosity.

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